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Stocks May Post Steep Losses
After Asian Markets Tumble

Blue-chip stocks expected to slide at the start of trading Monday after persistent worries about Japan's troubled economy hammered financial markets in Asia.

In Hong Kong, stocks tumbled 5.7% to close at a three-year low, as investors dumped shares on soaring local interbank rates and a sharply weaker yen. The Hang Seng index dropped 452.94 to 7462.50, its lowest level since Jan. 30, 1995.